DURANGO, CO
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LA PLATA ECONOMIC DEVELOPMENT ALLIANCE, founded in 2000, is a community nonprofit in the Community Improvement sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 136% from the prior year, signaling strong growth momentum. The organization ran a surplus of $516K, a strong 38% operating margin.
The Alliances mission is to create a vibrant and resilient economy through the recruitment, retainment, and growth of business to preserve our quality of life. This mission is achieved by workforce development, enabling business capacity, supporting affordable housing for the community workforce that is essential for long-term economic sustainability, and fostering public and private partnerships.
FOSTERED LA PLATA COUNTY ECONOMIC DEVELOPMENT ENGAGING BUSINESS OWNERS WITH AN ACTIVE WORKFORCE AND NEW RESIDENTS LOOKING TO OWN THEIR OWN HOME OR RELOCATE THEIR BUSINESSES IN LA PLATA COUNTY BY...
FOSTERED LA PLATA COUNTY ECONOMIC DEVELOPMENT ENGAGING BUSINESS OWNERS WITH AN ACTIVE WORKFORCE AND NEW RESIDENTS LOOKING TO OWN THEIR OWN HOME OR RELOCATE THEIR BUSINESSES IN LA PLATA COUNTY BY PROVIDING ECONOMIC DATA, RELEVANT INFORMATION, AND RESOURCES AT THE LOCAL, STATE AND NATIONAL LEVELS.FACILITATED PUBLIC ENTITIES AND PRIVATE DEVELOPERS WORKING TOGETHER TO EXPAND PUBLIC INFRASTRUCTURE AND REDUCE DEVELOPMENT COSTS TO BRING MORE AFFORDABLE WORKFORCE HOUSING TO THE COMMUNITY.PUBLISHED A COUNTY-WIDE STUDY ON WORKFORCE HOUSING NEEDS AND SOLUTIONS.MANAGED AN INTERNSHIP PROGRAM IN PARTNERSHIP WITH LA PLATA COUNTY, FORT LEWIS COLLEGE, AND PUEBLO COMMUNITY COLLEGE TO ASSIST WORKFORCE DEVELOPMENT AND BUSINESS GROWTH.FACILITATED EXTENDED LEARNING OPPORTUNITIES TO THE AREA WORKFORCE AND LEADERSHIP THROUGH PROGRAMS, MEETINGS, AND AN ANNUAL SUMMIT EVENT.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,355,005 | $573,629 | +1.4% |
| Expenses | $839,311 | $481,206 | +0.7% |
| Net Income | $515,694 | $92,423 | +4.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MICHAEL FRENCH | Executive Dir. | 40.00 |
Officer
|
$121,977 | $0 | $121,977 |
| EDWARD BOX III | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| ASHLEIGH TARKINGTON | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVE ELIAS | Chair-Beg 8/22 | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOE THEINE | Chair-End 8/22 | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MATT SALKA | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| KIM BAXTER | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| MITCH DYE | Vice Chair/Secr | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JASON PORTZ | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| KENT CURTIS | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| JESSIKA BUELL | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,355,005 | $839,311 | $1,406,051 | $515,694 |
| 2022 | $573,629 | $481,206 | $849,537 | $92,423 |
| 2021 | $569,138 | $382,758 | $632,788 | $186,380 |
| 2020 | $286,126 | $315,431 | $391,955 | $-29,305 |
| 2019 | $313,095 | $260,783 | $408,461 | $52,312 |
| 2018 | $354,927 | $310,295 | $345,870 | $44,632 |
Compare LA PLATA ECONOMIC DEVELOPMENT ALLIANCE with other nonprofits in Colorado and across the country.